New mining hardware for july

[areinike]

I'd also wager to think that people are dumping bitcoin.cz mining in favor of antpool due to bad luck slush has been having the last few weeks.  Antpool is more consistent with their payouts and usually exceeds estimated daily payouts based on hashrate calculators, whereas I'd be lucky to get half of that at slush.  Sorry slush, I can't go where luck isn't

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[Chicago2LV]

It sucks to see people saying that home mining is dead, It can all still be profitable. The only reason I moved to a commercial space is because I outgrew my garage.

[philipma1957]

It sucks to see people saying that home mining is dead, It can all still be profitable. The only reason I moved to a commercial space is because I outgrew my garage.

IF YOUR power is under 10 cents profit can be made

[MikeMike]

It sucks to see people saying that home mining is dead, It can all still be profitable. The only reason I moved to a commercial space is because I outgrew my garage.

IF YOUR power is under 10 cents profit can be made

With how may watts draw per Terra-hash?

[Amph]

It sucks to see people saying that home mining is dead, It can all still be profitable. The only reason I moved to a commercial space is because I outgrew my garage.

IF YOUR power is under 10 cents profit can be made

With how may watts draw per Terra-hash?

probably he is talking about the most efficient miner which is the antminers s5 1155 for 590w 1.95ghs/W

[philipma1957]

It sucks to see people saying that home mining is dead, It can all still be profitable. The only reason I moved to a commercial space is because I outgrew my garage.

IF YOUR power is under 10 cents profit can be made

So pretty much in midwest america is fine, hell my summer rates are 7 cents and winter are 6, and areas with nuclear are about the same. So with the new miners coming out we should see some more wiggle room and options for more home miners.

yeah pretty much so.  many people don't realize home mining can work but not like it used to.

I live in NJ  13 cents winter adjusts to 10 cents with heat savings  So from Oct 1 to June 1  I can mine at a profit.  but a small one at that.

In the summer 16.9 becomes 18 with extra cooling.  At 18 cents only sidehack's usb sticks make money.  And I am not counting the power cost for the controller just using 4 watts for 12 gh.

I eek by with a small profit not like last fall.  13th getting paid 5x normal on nicehash due to the paycoin rush.

[-droid-]

i hope its alot quieter than the s5, not a big deal for farms or people with small data centers but for home miners its noticable

We will probably just have to mod the fans again, I think Bitmain is more concerned with the big farms and keeping cost low by just using a industrial jet engine noise fan.

I find the white noise from the fans relaxing, sometimes I open the doors to the mining rooms at my house. It makes me fall asleep faster.

lol yeah, also good to block out ambient noise when the kids are sleeping! 

[-droid-]

It sucks to see people saying that home mining is dead, It can all still be profitable. The only reason I moved to a commercial space is because I outgrew my garage.

IF YOUR power is under 10 cents profit can be made

So pretty much in midwest america is fine, hell my summer rates are 7 cents and winter are 6, and areas with nuclear are about the same. So with the new miners coming out we should see some more wiggle room and options for more home miners.

yeah pretty much so.  many people don't realize home mining can work but not like it used to.

I live in NJ  13 cents winter adjusts to 10 cents with heat savings  So from Oct 1 to June 1  I can mine at a profit.  but a small one at that.

In the summer 16.9 becomes 18 with extra cooling.  At 18 cents only sidehack's usb sticks make money.  And I am not counting the power cost for the controller just using 4 watts for 12 gh.

I eek by with a small profit not like last fall.  13th getting paid 5x normal on nicehash due to the paycoin rush.

I think that's why alot of people are moving their gear to WA/OR for the cheap hydro electric rates

[Mikestang]

i hope its alot quieter than the s5, not a big deal for farms or people with small data centers but for home miners its noticable

I hope it doesn't melt itself if the internet goes down for an hour, that would be an improvement! 

[innerchaos]

It sucks to see people saying that home mining is dead, It can all still be profitable. The only reason I moved to a commercial space is because I outgrew my garage.

IF YOUR power is under 10 cents profit can be made

So pretty much in midwest america is fine, hell my summer rates are 7 cents and winter are 6, and areas with nuclear are about the same. So with the new miners coming out we should see some more wiggle room and options for more home miners.

yeah pretty much so.  many people don't realize home mining can work but not like it used to.

I live in NJ  13 cents winter adjusts to 10 cents with heat savings  So from Oct 1 to June 1  I can mine at a profit.  but a small one at that.

In the summer 16.9 becomes 18 with extra cooling.  At 18 cents only sidehack's usb sticks make money.  And I am not counting the power cost for the controller just using 4 watts for 12 gh.

I eek by with a small profit not like last fall.  13th getting paid 5x normal on nicehash due to the paycoin rush.

An S5 1.1TH miner running at 600Watts at the electrical rate of .18

• Will Net you approx. $2.85 per day at todays $259 BTC Price.
• Will cost you $2.59 per day to operate
• Will give you .26 cents per day of profit
• Will give you $7.82 per month in profit     

Its not much but that could be a lunch at Mcdonalds

so even at .18 cents you actually still make some money.




if the price of bitcoin rises to 300 dollars and the same electrical rate, your miner...

• Will Net you $3.30 per day
• Will still only cost you $2.59 per day to operate.
• Will give you .71 cents per day in profit
• Will give you $21.54 per month in Profit.

Its not much but its 21 bucks more than if your miner was off

[hedgy73]

I think it also depends on whether you want the hassle of maintaining the miner(s) and the heat at this time of year. If your electric is dirt cheap then maybe its worth it but if its not and your earning dust or breaking even then you've got to seriously think about it.

[philipma1957]

I think it also depends on whether you want the hassle of maintaining the miner(s) and the heat at this time of year. If your electric is dirt cheap then maybe its worth it but if its not and your earning dust or breaking even then you've got to seriously think about it.

I sold off my 13 sp20's my 2 s-5's and my 3 avalon 4.1's during the month's of april-may.

I have 2 usb sticks in house a U2 and one of sidehack's new .31 watts per gh .

In my friends office we get a limited amount of 3 cent power and we are running 4 s-3's

So I am mining about 1.9th for the summer.

I will get an s-7 and a few of avalon's new mini 4's

Along with whatever sidehack finally build for sale.

So maybe 5th-7th for the coming winter

[hedgy73]

I think it also depends on whether you want the hassle of maintaining the miner(s) and the heat at this time of year. If your electric is dirt cheap then maybe its worth it but if its not and your earning dust or breaking even then you've got to seriously think about it.

I sold off my 13 sp20's my 2 s-5's and my 3 avalon 4.1's during the month's of april-may.

I have 2 usb sticks in house a U2 and one of sidehack's new .31 watts per gh .

In my friends office we get a limited amount of 3 cent power and we are running 4 s-3's

So I am mining about 1.9th for the summer.

I will get an s-7 and a few of avalon's new mini 4's

Along with whatever sidehack finally build for sale.

So maybe 5th-7th for the coming winter

Yeah I dont blame you, I'd maybe consider mining again in the autumn / winter with S4s or S5s or something similar in efficiency just to offset the heating bill. Shame its come to that but its just reality now.

[philipma1957]

I think it also depends on whether you want the hassle of maintaining the miner(s) and the heat at this time of year. If your electric is dirt cheap then maybe its worth it but if its not and your earning dust or breaking even then you've got to seriously think about it.

I sold off my 13 sp20's my 2 s-5's and my 3 avalon 4.1's during the month's of april-may.

I have 2 usb sticks in house a U2 and one of sidehack's new .31 watts per gh .

In my friends office we get a limited amount of 3 cent power and we are running 4 s-3's

So I am mining about 1.9th for the summer.

I will get an s-7 and a few of avalon's new mini 4's

Along with whatever sidehack finally build for sale.

So maybe 5th-7th for the coming winter

Yeah I dont blame you, I'd maybe consider mining again in the autumn / winter with S4s or S5s or something similar in efficiency just to offset the heating bill. Shame its come to that but its just reality now.

Yeah my power max for in home in the winter is about 7 kwatts

For the summer about 2.5 kwatts due to the heat.

So when coins were expensive and diff low  I could mine all year round.

 Now June 1 to Oct 1 pretty much no home mining.  I stay under 600 watts.

 Right now. I am doing 41 watts to run 2 usb sticks and 1 node.   No issues with that for the summer.

[hedgy73]

I think it also depends on whether you want the hassle of maintaining the miner(s) and the heat at this time of year. If your electric is dirt cheap then maybe its worth it but if its not and your earning dust or breaking even then you've got to seriously think about it.

I sold off my 13 sp20's my 2 s-5's and my 3 avalon 4.1's during the month's of april-may.

I have 2 usb sticks in house a U2 and one of sidehack's new .31 watts per gh .

In my friends office we get a limited amount of 3 cent power and we are running 4 s-3's

So I am mining about 1.9th for the summer.

I will get an s-7 and a few of avalon's new mini 4's

Along with whatever sidehack finally build for sale.

So maybe 5th-7th for the coming winter

Yeah I dont blame you, I'd maybe consider mining again in the autumn / winter with S4s or S5s or something similar in efficiency just to offset the heating bill. Shame its come to that but its just reality now.

Yeah my power max for in home in the winter is about 7 kwatts

For the summer about 2.5 kwatts due to the heat.

So when coins were expensive and diff low  I could mine all year round.

Now June 1 to Oct 1 pretty much no home mining.  I stay under 600 watts.

Right now. I am doing 41 watts to run 2 usb sticks and 1 node.   No issues with that for the summer.

Sounds good to me, its so warm here in the UK at the moment any miners would be a nightmare. Just checked my thermometer and its 22 degrees outside and 30 degrees inside and that's at half 3 in the morning. Bloody hell I'd better get to bed got work in 4 hours lol....

[Scamc0p]

Anyone know when, beginning or near the end, of the month this will be released?
This might get me in to mining game 

[jlauzon]

With my electricity currently at .09USD/kWH and living in a cold area with long winters, my S4s were profitable. They did 90% of the heating in the house all winter saving hundreds on fuel oil costs.

In the summer - not so much.

[sergio]

i dont see why people are still looking into buying new mining equipment if the network is run by this huge mining farms, small operations are no longer profitable.

this is maybe somehow important for chinese mining farms, because home mining is actually dead already, I'm not excited like before with new mining machines:(

There is no economy of scale for running a large farm. Large miners uses the same equipment of a hobby miner.

There is economy of scale, they pay less for the hardware, and pay less for electricity.

it is like in hospitals, insurance companies pay less for health care than individuals since they buy in bulk, and then resell that health care for higher prices.

[philipma1957]

i dont see why people are still looking into buying new mining equipment if the network is run by this huge mining farms, small operations are no longer profitable.

this is maybe somehow important for chinese mining farms, because home mining is actually dead already, I'm not excited like before with new mining machines:(

There is no economy of scale for running a large farm. Large miners uses the same equipment of a hobby miner.

There is economy of scale, they pay less for the hardware, and pay less for electricity.

it is like in hospitals, insurance companies pay less for health care than individuals since they buy in bulk, and then resell that health care for higher prices.

while that is true that the  farms pay less for the gear.


1) they get no benefit from the heat of the gear.
2) switching pools is harder for them.
3) over clock under clock is harder for them.
4) some home miners have legal ways to get very cheap power,the catch is maybe 1 or 2 or 3 kwatts.
5)  farms have renting or building a site as an expense.

I have a friend he rents 1/5 of a floor above a bank.  he pays 1/5 of the power bill.  for years he was losing out since he was using 1/10 of the power.
So now we mine about 1.5 kwatts of gear in his office.
we get power at an 80% discount.  Since he pays 1/5 of the bill.  so the 1100 kwatts a month would be 182 in the summer and they are 36

in the winter it would be 143   the bill is 28

The office is too cold in the summer due to ac that he does not control now with the miners it is fine .

the office is too cold in the winter due to the bank saving on heat now with the miners it is fine.

So this setup beats the farms edge in cheap machines.  I use old s-3's and turn a profit.

The big issue is my power draw has a limit of about 1.5 kwatts.

[Scamc0p]

Anyone know when, beginning or near the end, of the month this will be released?
This might get me in to mining game 

Mining game is kind of an addicition, I wouldn't even think about it if you have a cranky wife who won't put up with it in the house or cheap electric!

First worry is non-existent for me. Second does apply to me.
So those are two check marks towards getting into the game